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Politics : Idea Of The Day

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To: Just My Opinion who wrote (13449)	11/3/1997 8:58:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

Speculators are like vandals once they go after a currency they have the capacity and the capability to destroy it, once the confidence is shaken things go far worst than needed- at the first place if these countries would not indulge in Who has the biggest ...k competition like putting a billion $ Sky scrapper and other non-sense they would not be in such a mess however that said anyone who thinks that 'this voltality is harbinger to world collapse' is not aware of iota of human endurance and capacity. stock market is a reflection of human success over adversity and for me Mexico bail out of 30 billion$ did not cost the US a penny but if it was allowed to go under the world financial system would deeply hurt. donesian package of 3 billion$ removes the first problem that of liquidity and it is like saving Chrtsler we are living in new world where interdependence is a must and economic woes of a region can affect our daily lifes here in US- so if God has given this opportunity of global sensible leadership to US- why not use it- AG today is the Chairman of Global Federal reserve in absence of glod standards which broght the gret depression this is the way to handle.

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